Route 12A RadioShack Closes
West Lebanon — The RadioShack store on Route 12A, a longtime presence on the West Lebanon commercial strip, closed for good last week, another victim of the Fort Worth, Texas-based company’s February 2015 bankruptcy. Last year, the electronics retail chain filed for bankruptcy and sold 1,700 of its stores to Standard General, a hedge fund that entered into a co-branding agreement with Sprint Corp. to sell the mobile phone provider’s...
RadioShack sale approved, keeping hundreds of stores open
Radioshack Sale Approved, Keeping Hundreds of Stores Open The judge overseeing RadioShack’s bankruptcy said he will approve the sale of about 1,700 stores to the chain’s biggest shareholder. Tuesday’s decision ensures the survival of the 94-year-old electronics retailer, for now, and saves thousands of jobs that might have been lost if the stores were liquidated. The buyer, Standard General, has said it plans to run the business in a...
